Mirarth Holdings

Mirarth Holdings's reported carbon emissions

Mirarth Holdings, a Japanese company operating in the electricity by solar thermal sector, has set ambitious climate targets. The company aims for a 70% reduction in absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by Fiscal Year 2030, using FY2022 as a base year. Additionally, Mirarth Holdings commits to a 45% reduction in absolute Scope 3 GHG emissions within the same timeframe, with a long-term goal of achieving net-zero emissions by FY2050. These targets are validated by the Science Based Targets initiative (SBTi) and are considered consistent with limiting global warming to 1.5°C. In terms of emissions performance, Mirarth Holdings reported a total of approximately 589.3 million kg CO2e for the year 2023. This includes Scope 1 emissions of about 540,000 kg CO2e, Scope 2 emissions of approximately 1.65 million kg CO2e, and Scope 3 emissions amounting to roughly 587.1 million kg CO2e. The majority of its Scope 3 emissions in 2023 were attributed to purchased goods and services (approximately 306.5 million kg CO2e) and the use of sold products (about 222.2 million kg CO2e). Looking at previous years, total emissions were approximately 619.9 million kg CO2e in 2022, approximately 669.7 million kg CO2e in 2021, and approximately 730.4 million kg CO2e in 2020. The company's emissions reporting covers all scopes, indicating a comprehensive approach to climate accounting.